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Author Question: When the inflation rate is negative, the A) real interest rate is greater than the nominal ... (Read 56 times)

roselinechinyere27m

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on: Jun 29, 2018
When the inflation rate is negative, the
 
  A) real interest rate is greater than the nominal interest rate.
  B) real interest rate is less than the nominal interest rate.
  C) nominal interest rate is zero.
  D) real interest rate equals the nominal interest rate.

Question 2

After you finish your degree, suppose your salary is 52,000 per year. This is an example of money as
 
  A) a medium of exchange.
  B) a unit of account.
  C) a store of value.
  D) M1.


Loise Hard

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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